Ok, ok, I’m going to help you. I have seen you all begging for it for a while, but now I’m really going to do that.

Hate to tell you, but THIS IS AN INTERVENTION!

Once in a while, regular people like most of you my friends (and this is to be considered as a compliment although it won’t look like that for a while), start to believe to be shrewd investors. They learn about their bitcoins, tech-stocks, Spanish royal bonds, tulip seeds and God-knows-what and they knew they have found it. FINALLY!

“Let me ride this wave for few months, then I collect the profits, tell my boss “I’ve never really liked it here”, throw a good-bye party, might travel a while, buy small houses here and there (although I made a killing I’m still a humble guy) and chill. Live a life, cause frankly, I deserve that. I did risk substantial amount of the money I’ve accumulated so far and haters-gonna-hate, but risk-takers=money-makers.”

STOP, NO & DON’T!

“But Mirko, unlike those other examples you mentioned above, this investment has some intrinsic value. This time is different!” I can hear you saying.

This book is full of THESE! It’s a chronicle of “This time is different!”s written with different tools (quills, pens, typewriters, keyboards), spoken in different languages (really almost all of them), about different assets (too many), by people enchanted by the same spell – Greed. And it’s all well and good to be greedy (human), you just need to remember one thing-> every bubble is bound to burst! And how do you know it’s a bubble? Well, (this might sound bad, but…) the very fact that you as somebody who has absolutely nothing to do with financial markets learned about this superb investment opportunity should be sufficient. Really shrewd investors are out by the time you learn about it…

And how is this a compliment? Shrewd investors are extremely boring people!

Favourite line: “More money has been lost because of four words than at the point of a gun. Those words are “This time is different.” “